An outstanding guide that offers thorough coverage of all aspectsof government contract accounting with particular emphasis onthe Federal Acquisition Regulation (FAR). Written by a distinguished group of accountants and attorneys, the volume covers:

• The applicability of the FAR and the relationship between theFAR and Cost Accounting Standards

• FAR cost principles, along with dozens of examples, flowcharts, tables, and illustrations

• Terminations, changes and delays, and government contract taxation and financial reporting

First published in 1985.

1 Volume; Looseleaf; updated annually.

Featured Authors

Darrell J. Oyer

LeRoy J. Haugh

Craig J. Langstraat

Carl L. Vacketta

Darrell J. Oyer

Contributing Editor

Prior to forming his own Firm in 1991, Mr. Oyer was a partner with Deloitte & Touche, an international accounting firm. He had approximately 9 years of experience with Deloitte & Touche, Touche Ross and Peat Marwick. Before that, Mr. Oyer served nearly 20 years in the Defense Contract Audit Agency (DCAA) in various capacities. Mr. Oyer is highly experienced in the application and interpretation of the Federal Acquisition Regulation (FAR) and department FAR Supplements, Financial Accounting Standards Board (FASB) pronouncements and Cost Accounting Standards Board (CASB) promulgations.

LeRoy J. Haugh

Author: Chapter 18

Mr. Haugh is currently a government business consultant, after serving over 30 years with the government in both operational and policy-making positions that covered the entire spectrum of acquisition, and 15 years as vice-president for procurement and finance with the Aerospace Industries Association.

Craig J. Langstraat

Author: Chapter 20

Mr. Langstraat is a Professor of Accountancy, Fogelman College of Business and Economics, at the University of Memphis. He holds a J.D. from the Arizona State University College of Law and an LL.M. (taxation) from the University of San Diego School of Law.

Carl L. Vacketta

Author: Chapter 17

Mr. Vacketta is a partner in the Government Contracts Practice Group in the Washington, D.C. office of DLA Piper US LLP (an international law firm with offices in 28 countries and 58 cities). Mr. Vacketta's 40 years of experience in government contract law includes pre-award and post-award supply, service, and construction contracts counseling, the preparation of large claims, as well as protests and litigation against various federal, state, and local government agencies and public transit authorities. Mr. Vacketta received his B.S. and J.D. from the University of Illinois.